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Streamlining Regulatory Policies
395 Words1 Page
Recommended: bureaucracy in administration
Streamlining Regulatory policies means to reduce the amount of regulations and formal procedures. This allows businesses more freedoms from those businesses, and it cuts down on the amount of heavy administrative and financial burden(Tellier-Cohen, Pg. 1). Doing this creates less friction, and a more stable environment for large and small businesses. This needs to be done, because many businesses feel like the government gets in the way at points (Liveris, Pg. 8).
This can be achieved by regulators and businesses working together to achieve significant improvements in the business sector. In the past, Government regulation has saved financial markets, but also has stumbled, and overstepped, creating unease between the two (Liveris, Pg. 8).
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